Additions to Heliostar Metals Management Team
595 Burrard Street, Suite 1723, Vancouver BC, V7X 1J1, Canada - Tel +1 844 753 0045
TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1
Additions to Heliostar Metals Management Team
Vancouver, Canada, April 24, 2025 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1)
(“Heliostar” or the “Company”) is pleased to announce that it has appointed Mr. Stephen Soock as
Vice President of Investor Relations and Development and Ms. Connie Lillico as Corporate Secretary.
Heliostar CEO, Charles Funk, commented, “We are delighted to add Stephen and Connie to our team
as we continue to build our capacity. Stephen brings his understanding of institutional banking, sales
and project knowledge from his role as an analyst at Stifel. He will lead the Company’s investor
relationships and contribute to Heliostar’s strategy for production growth and reduction in our cost of
capital. Connie brings a wealth of experience , having help ed shepherd First Majestic from an
ambitious junior to stable producer. She will lead the Company’s regulatory responsibilities in her role
as Corporate Secretary. I would also like to thank Ms. Sheryl Dhillon for her diligent, professional long-
term service to the Company as our Corporate Secretary. ”
Mr. Soock has been in the mining industry for almost 20 years in both technical and capital markets
roles. Prior to joining Heliostar, he was a Brendan Wood ranked sell side research analyst at Stifel. He
covered growth and development companies in the precious metals space and brings a robust
understanding of value creation from junior gold companies to his new role with Heliostar. Mr. Soock
has also worked in various engineering roles at mine sites across Canada, including Vale's Thompson
Nickel operation, Mosaic's Belle Plaine solution potash mine and Rio Tinto's Diavik Diamond mine
complex. He graduated from Queen's University with a B.Sc. in Mining Engineering and is a CFA
Charterholder.
Ms. Lillico brings 20 years of experience working with publicly traded companies in the mining industry.
Ms. Lillico has worked with several TSX, TSX -V and NSYE listed companies and prior to joining
Heliostar, Ms. Lillico served as the Corporate Secretary at First Majestic Silver Corp. Ms. Lillico has
been involved in all aspects of administration of publicly listed companies including regulatory
compliance, corporate governance, continuous disclosure requirements, equity financings, mergers
and acquisitions, board and committee matters and shareholder communications.
Further, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted
700,000 stock options ("Options") at an exercise price of $1.05 an d 150,000 restricted share units
(each, an "RSU") to employees and consultants of the Company. The Options are exercisable for a
period of five years and will vest over the next two years . The RSUs will vest in three equal annual
instalments commencing on the first anniversary of the grant date.
About Heliostar Metals Ltd.
Heliostar aims to grow to become a mid -tier gold producer. The Company is focused on increasing
production and developing new resources at the La Colorada and San Agustin mines in Mexico, and
on developing the 100% owned Ana Paula Project in Guerrero, Mexico.
TSX.V: HSTR
OTCQX: HSTXF
595 Burrard Street, Suite 1723, Vancouver BC, V7X 1J1, Canada - Tel +1 844 753 0045
TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: [email protected]
Phone: +1 844-753-0045
Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: [email protected]
Phone: +1 844-753-0045
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "Forward– Looking Statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and "forward–looking information" under applicable Canadian securities laws. When used in this news
release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule"
and similar words o r expressions, identify forward –looking statements or information. These forward– looking statements or
information relate to, among other things: the Company’s goal of becoming a mid-tier producer.
Forward-looking statements and forward –looking information relating to the terms and completion of the Facility, any future
mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates,
expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions
and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but
which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals,
price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and
development; the est imated costs of development of exploration projects; and the Company’s ability to operate in a safe and
effective manner and its ability to obtain financing on reasonable terms.
These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a
number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant
business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown,
could cause actual results, performance, or achievements to be materially different from the results, performance or achievements
that are or may be expressed or implied by such forward–looking statements or forward-looking information and the Company has
made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precio us
metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulat ory,
consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding
exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis
or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project
financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and
resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to p roperties, particularly
title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities
in which the Company operates to manage and cope with the implications of public health crises; the e conomic and financial
implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical
difficulties in connection with mining or development activities; employee relations, labour unrest o r unavailability; the Company’s
interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature
of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts
of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors
identified under the caption “Risk Factors” in the Company’s public disclosure documents. Readers are cautioned against attributing
undue certainty to forward–looking statements or forward-looking information. Although the Company has attempted to identify
important factors that could cause actual results to differ materially, there may be other factors that cause results not to be
anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward–
looking statements or forward -looking information to reflect changes in assumptio ns or changes in circumstances or any other
events affecting such statements or information, other than as required by applicable law.